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GBPUSD LONG term SELL setup

업데이트됨

Looks like pound comleted a big corrective structure. (wave 4 red)
It means, that buy targets may be already reached. and it's time to look for SELL opportunities!
1.2683 is 61.8% of wave A(yellow), possible end of final wave C(yellow).
Now wave C (1-2-3-4-5) structure is close to be broken.
Here is close look.

this breakout should confirm the begining of a long time BEAR market.
LONG TERM SELL targets are: 1.17; 1.11; 1.01.
Keep an eye on it!!!
Don't miss a BIG move DOWN!

액티브 트레이드

currently market corrects 2feb-3feb fall.

액티브 트레이드

Breakout is done.
flag is formed or still been forming.

watch it!
dont miss this SELL!

노트

GBP currently performs correction pattern.
Wait for pointed targets to be reached.
then wait for breakout of wave's c trendline to sell it.

액티브 트레이드

looks like flat pattern corrected 38% of 7th feb 5:05-11:20 move.

노트

be cautious with gbp next 2-3 days.
my sell call caught 150 pips decline move.
now gbp needs to form some correction pattern.
levels to watch:

market listens to BOE, brexit execution news.
to short gbp we need a clear corretion pattern, which should be formed in 2-3 days.

노트

GBP is worth to look at.
now wave c is 38% of wave a
but wave b corrected only smth like 32% of a. (it should corrected at least 38 to be good)
maybe it nice sell point. with sl beyond local top.

노트

GBP corrected 61.8% of 2feb-7feb bear market and start falling.

LONG TERM SELL targets are: 1.17; 1.11; 1.01.

노트

gu still looks mostly unclear in s-term and m-term
possible scenario.
s-term buy targets: 1.2528; 1.2618

노트

1st s-term buy target is 95% reached (1.2528)
actual price was 1.2523

액티브 트레이드

looks like long-term SELL is actual.
wave 1 is corrected by ABC (as predicted - 1.2528 buy target)
wave 1 (blue) might be a part of a diagonal of greater dergee.
purple abc(lesser degree) was formed and broken.
watch it. long term targets are: 1.17; 1.11; 1.01

액티브 트레이드

possible sell opportunity
R/R ratio is 4.5

노트

gbp price action is far from being perfect.
if wave 2 is done, price should move to 1.238
if not, thehe is a possibility of upside move. (targets: 1.2528; 1.2618)
I'm not confident. it's too much unclear for me.
looks like consolidation is still in progress. be cautious.

노트

finally I see smth intersting in GBP!
looks like correction is formed.
inside wave C: wave 5 is 161.8% of of wave 1 (1.2570)
watch this breakout to SELL.
l-term targets are: 1.17; 1.11; 1.01.

액티브 트레이드

trendile was broken.
gbp might resume fall or make a correction pattern 1st and then move down sharp!
watch it! it's very interesting now!
LONG TERM SELL targets are: 1.17; 1.11; 1.01.

노트

wave (1) is formed
wave 5 = wave 1
wave (2) unfolds.
wait for correction.
I expect a good sell opportunity on next day.

노트

possible expanding triangle
watch breakout

액티브 트레이드

GBP has broken triangle.

노트

looks like resell point

노트

short term targets

노트

updated targets

노트

1,22417 (61.8% target) is reached.

액티브 트레이드

re-sell point

노트

looks like wave (3) or 1 (yellow) is formed and trendline is broken.
so gbpusd needs to be corrected.

매매 수동청산

2 feb - 3 mar bear/sideways market looks like ABC correction. (C)=(A)
I expect 2 waves up in m-term before l-term bear market unfolds.
m-term buy targets: 1.31 and 1.38.
s-term buy targets: 1.2656, 1.2928 and 1.3369
GBP long term sell opportunity will occur in future (maybe in late May).